Buy these ASX dividend shares now: analysts

Income investors might want to look at these buy-rated dividend shares.

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Looking for a passive income boost? Then the ASX dividend shares listed below could be worth considering.

Here's why analysts rate them as buys right now:

Dalrymple Bay Infrastructure Ltd (ASX: DBI)

The first ASX dividend share that has been named as a buy is Dalrymple Bay Infrastructure.

It is an infrastructure company that operates the Dalrymple Bay Coal Terminal (DBCT) on a long term agreement.

Citi is a fan of the company and believes it is well-positioned to pay big dividends in the near term. Particularly given its positive exposure to inflation and its strong position within the Bowen Basin catchment region.

Citi is forecasting dividends per share of approximately 20.6 cents in FY 2023 and 21.6 cents in FY 2024. Based on the latest Dalrymple Bay Infrastructure share price of $2.73, this will mean generous yields of 7.5% and 7.9%, respectively.

Citi currently has an add rating and $2.80 price target on its shares.

Macquarie Group Ltd (ASX: MQG)

Another ASX dividend share that has been named as a buy is investment bank, Macquarie.

Morgans is one of a number of brokers that are positive on the company. This is due to Macquarie's exposure to long-term structural growth areas such as infrastructure and renewables.

In addition, Morgans believes the company is well-placed to benefit from recent market volatility through its trading businesses.

In respect to dividends, the broker is expecting partially franked dividends of $8.28 per share in FY 2023 and $7.64 per share in FY 2024. Based on the current Macquarie share price of $179.60, this will mean yields of 4.6% and 4.25%, respectively.

Morgans has an add rating and $222.80 price target on the company's shares.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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